Archer Announces Third Quarter 2024 Results, Demonstrating Manufacturing, Certification and Commercial Launch Momentum
Archer Aviation Inc. Class A (ACHR)
Company Research
Source: Business Wire
Manufacturing facility set for completion in the coming weeks, focus going into 2025 is on building piloted, type-design aircraft for use in testing and early commercial deploymentNearing completion of Phase 3 of the FAA’s type certification process while continuing to rapidly advance Phase 4, the final phase to secure type certificationEstablished a consortium led by the Abu Dhabi Investment Office (ADIO) to launch commercial air taxi services in the UAE as early as Q4’25Signed partnership with Japan Airlines and Sumitomo Corporation’s joint venture, Soracle, with a planned order of up to $500M of Midnight aircraft, bringing Archer’s indicative order book to $6B+* SANTA CLARA, Calif.--(BUSINESS WIRE)--Archer Aviation Inc. (“Archer” or the “Company”) (NYSE: ACHR) today announced operating and financial results for the third quarter ended September 30, 2024. The Company issued a shareholder letter (LINK) discussing those results, as well as its fourth quarter 2024 estimates.This pre
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News
- Archer Announces Third Quarter 2024 Results, Demonstrating Manufacturing, Certification and Commercial Launch Momentum [Yahoo! Finance]Yahoo! Finance
- Why Archer Aviation Stock Is Soaring Today [Yahoo! Finance]Yahoo! Finance
- JAL-Sumitomo JV secures right to place order for up to 100 Archer air-taxis [Yahoo! Finance]Yahoo! Finance
- Archer Aviation gets another big order for its futuristic air taxis [Verge, The]Verge, The
- Japan Airlines’ and Sumitomo Corporation’s Joint Venture Company, Soracle, Announces Agreement Including Intended Purchase Of Up To $500M of Electric Aircraft From ArcherBusiness Wire
ACHR
Sec Filings
- 11/8/24 - Form 10-Q
- 11/7/24 - Form 8-K
- 11/4/24 - Form PRE
- ACHR's page on the SEC website